ELI5: Explain Like I'm 5

Concern (business)

Okay, so have you ever heard the word "concern" before? It's a word that means you're worried about something or you're paying careful attention to something.

In business, the word "concern" has a similar meaning. When people talk about a "business concern," they're talking about something that the business is worried about or something that they're paying very close attention to.

For example, let's say you run a lemonade stand. Your biggest concern might be making enough money to pay for your ingredients and to make a profit. You might also be concerned about the weather, because if it's too hot outside, people might not want to buy your hot lemonade, and if it's too rainy, people might not want to be outside at all.

Every business has concerns that they need to think about and plan for. That's why they spend a lot of time figuring out what their concerns are and how they can address them. It's kind of like playing a game of chess - you need to think ahead and plan for all the different things that could happen.

So, to sum it up, a business concern is something that a business is worried about or paying close attention to, and they spend a lot of time trying to address these concerns so that they can be successful.
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